Bloomberg Article on Warren Buffett and Bank Profitability – July 8, 2011

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Jul 082011
 

I am quoted in this article on Warren Buffett’s comments relating to bank profitability (July 8, 2011):

‘The Big Picture’

Buffett is “looking at the big picture, whereas lobbyists for the banking industry are being retained presumably to represent the interests of that industry,” said David Kass, a professor at the University of Maryland’s Robert H. Smith School of Business. “He’s trying to take an impartial view of the situation with concern for the overall economy.”

The entire article is available at:

http://www.bloomberg.com/news/2011-07-08/buffett-says-banks-are-plenty-profitable-after-rules-limiting-leverage.html

 Posted by at 5:43 pm